Converti Mantle Restaked Ether CMETH in Veno Finance VNO

Deployed on Ethereum layer 1 (L1) and governed by Mantle, mETH Protocol has, since late 2023, been providing users with access to $mETH, a value-accumulating receipt token that is highly composable across a range of DeFi applications on Mantle Network L2, offering exposure to additional yield-bearing opportunities. Users stake ETH with mETH Protocol and receive yield-bearing $mETH, and unstake $mETH to receive the underlying principal staked ETH and accumulated rewards. Since the inception of mETH Protocol, Mantle's mission has been to deliver the most user-friendly and rewarding $mETH experience. Thanks to ecosystem-wide adoption, $mETH users are able to trade on Mantle DEXs, earn yield by providing liquidity to $mETH liquidity pools, and generate yield within decentralized money markets. With $mETH's increasing adoption and composability within Mantle Ecosystem dApps, the protocol now ranks as the fourth largest ETH LSP by TVL. The introduction of $cmETH, a permissionless, composable liquid restaking token that unlocks restaking opportunities on Mantle, and $COOK, the protocol's upcoming governance token, mETH Protocol enters its next phase with further enhanced offerings. Through these features, mETH Protocol provides its users with capital efficiency, convenience, and a wide range of yield-bearing opportunities within Mantle Ecosystem dApps, all in a design that has been created to maximize security with non-custodial core smart contracts and off-chain services that enforce sanity bounds and risk limits.

Veno is a liquid staking protocol where you can stake your CRO and receive the auto-compounding, yield-bearing receipt token LCRO. The LCRO token is designed to maximize composability. Just by owning LCRO, you automatically accrue the CRO staking yield value in your LCRO token; LCRO can thus be used freely across the Cronos DeFi ecosystem. Veno’s liquid staking token LCRO offers the most extensive, lowest cost, and most reliable method of utilizing your staked CRO. We are a vertically integrated liquid staking protocol, maximizing the reliability and efficiency of our service; allowing us to provide a price-competitive service in the long term; - Cost savings are achieved by leveraging our own node infrastructure and/or infrastructure of our partners - Reliability is achieved with our enterprise-grade node set-up and deep expertise in running node infrastructure - We also have an insurance module that will help to secure user funds in the unlikely event of a slashing penalty We will aim to maximize the adoption and utility of our tokens across the ecosystem, and we are working with some of the largest ecosystem partners to make this happen; - We want to maximize the liquidity of LCRO in the Cronos Ecosystem and beyond, attracting the largest amount of capital, and attaining the lowest spread, with our high reliability and low-fee promises - LCRO is an auto-compounding yield-bearing token to maximize composability - We can further maximize user liquidity by providing a tradeable NFT after user unstakes their CRO